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FOX Business
Oct 31, 2013 11:00am EDT
. that's health in numbers. unitedhealthcare. connell: obama administration teaming up with business leaders to track foreign investments here to the united states. dagen: peter barnes in washington, d.c., with much more. peter: hey, dagen and connell. demonstration is bringing out the big guns this event. president obama will be speaking at this group later today. 1200 participants including more than 630 foreign companies from nearly 60 markets represented. herb as additives from nearly all the states here to try and pitch foreign companies to come to the united states facilities to create jobs. one of the big hitters with me now is francisco sanchez, he runs international trade administration for the commerce department. thank you for joining foss business. there is a new initiative in menstruation not today. one stop shopping. what's that about? >> this is about t making easier to attract foreign investment. the united states has historically been a great place to bring foreign investment and we've done very well as a country. but the competition has been fierce. anything we can
FOX Business
Oct 29, 2013 11:00am EDT
saying the obama administration knew back in 2010 over three years ago 10,000 people would not be able to keep their health insurance despite promising otherwise. dagen: joining us now. this is coming to a rude awakening for people who are getting dumped by their insurance providers bid they will have to go and potentially without a subsidy by more expensive health insurance. >> well, dagen, this is nothing new. it is widely covered in the fall of 2010 when the new regulations were being rolled out from health and human services. we have to keep in mind 85% of americans who get their health insurance from their employers will be able to keep their plan. this is focus on the individual health care marketplace. which was a mess. connell: there is nothing taken out of that quote. >> 85% of americans get it from their employers. if i was his speechwriter, maybe i would have said let's talk a little bit about the fine print but it is 85% of americans, get your insurance from your employer. but the individual health care marketplace that is victimizing consumers have now had to shift to the
FOX Business
Oct 29, 2013 1:00pm EDT
reports say members of the obama administration knew some americans could not keep their current health care plan as president obama promised repeatedly. rich edson live from capitol hill with the latest. >> the primary question was how many folks have successfully gotten to the application process on and then rolled in health insurance. they consulted with health and human services, a white house and they decided they are not going to release any of those figures until mid november. there was also the question in the president's statement from when the health care goes to legislative process saying if you like your health insurance plan you could keep your plan. there were questions today whether or not the administration has kept the promise. >> i am aware there are issuers in state who are canceling their own plans at grandfathered in and going with new plans. >> concerned about keeping your health care plan isn't true? >> they could keep it. >> they can't keep it. they just got cancellation notices. the president says you can't keep it. why you saying you can? i don't
FOX Business
Oct 31, 2013 1:00pm EDT
. that is putting a hold how much the obama administration will push jpmorgan. that is why there is going to be a deal. they will stop at some point. jpmorgan will fest up at some point. i don't think it will happen this week. i know it will not happen today. dimon is in london. you would think he would be here for it to happen. look for next week, you know and we'll, something will likely happen. this thing is going to get done at some point. i can't give you a 100% certainty. i give you near certitude. >> a lot faster than they get the health care act computer system fixed. >> this will happen first. then the obama administration will work on the website. adam: charlie gasparino, thank you very much. >>> okay. lori: markets are a little changed but data out there setting tone. mark newt tan -- newton, greyhound partners, on the floor of the new york stock exchange. paring october gains today. setting tone was chicago manufacturing report, out of the park. is this good news, maybe bad news scenario again by way of the federal reserve? >> oh, i don't think so. i think the news was probabl
FOX Business
Oct 28, 2013 11:00am EDT
the obama administration would like, what you will see is a more patient oriented system. you are already seeing illegal immigrants when they go to a clinic in l.a. and other places, they pay cash. starting to see what you referred to. you go in and you pay, you get somebody to walk you through the system. you make your own choices. upper income, lower income with what is happening in obamacare, millions of middle income people will say we want out, we want to be in control. a whole new system will emerge the exact opposite of what the president wanted. connell: the long-term bet is the new enrollees in obamacare and satisfaction with the program will outweigh the people who are upset with it. i would assume, that is their long-term view this will seem like a distant memory at some point. >> you have online insurance now, private exchanges. these things work because if you don't, you go out of business unlike the government where you get more money and the more you fail. the idea people will be satisfied, you trust your medical records by government agencies. you want to be able to nowher
FOX Business
Oct 30, 2013 11:00am EDT
the obama administration knew for years that the grandfathering regulation that we talked about a few moments ago would wipe out existing health insurance plans and here is a quote that i am reading that after some period of time, most plans will relinquish their grandfathered status since plans rarely stay the same. >> it is something that he touched on briefly. dagen: this is the excuse of the administration officials, have you heard kathleen sebelius to the fallen back on how these plans were grandfathered in. >> they claim there's a grandfather and the law, they also have power to make that smaller and smaller over time. that is what they have done. you can go back to hhs analysis and 2010 saying exactly what we have been talking about. that is a part of the individual market and a lot of those plans are going to be made illegal by those laws. >> okay, so it's not really a decision is illegal for them to go back to the conversation we're having a few minutes ago. because they can save the insurance companies fall. i guess they could say that we are going to upgrade these plans so
FOX Business
Oct 28, 2013 1:00pm EDT
, karl rove, will join us on what he calls the obama administration's credibility issues. after enrollment on the health care exchange web site is halted. ♪ ♪ this is the quicksilver cash back card from capital one. it's not the "juggle a bunch of rotating categories" card. it's not the "sign up for rewards each quarter" card. it's the no-games, no-messing-'round, no-earning-limit-having, do-i-look-like-i'm-joking, turbo-boosting, heavyweight-champion- of-the-world cash back card. this is the quicksilver cash back card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every damn day. now, tell me, what's in your wallet? help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. o
FOX Business
Oct 30, 2013 1:00pm EDT
on whether the obama administration is growing after these banks unfairly the reason why it is not because it is big banks. republicans don't care so much about the big banks. once they start going after smaller banks that are in the wheelhouse of the house republicans they believe that is when we we'll see political pressure on this to stop. adam: administration, although attention is on jpmorgan the administration seems to be in their o.w.n. self-created bind f they exact a pound of flesh from jpmorgan against the fdic they have problems going forward. if they take the pound of flesh with jpmorgan they have to beat on someone for a bailout. >> this is the thing, this is dick's opinion i think jpmorgan has to settle. they have to get this behind them this is ruining the bank. every day we're talking about this. at some point people start saying, this is where it gets problematic, why should i have my deposits at this place? when that happens i think it is unfounded fear i seen it in 2008 when i was covering the financial crisis no one thought there would be real run on banks, investors or
FOX Business
Nov 4, 2013 1:00pm EST
launch and was even shut down completely over the weekend. so is the obama administration ever going to get the program on its feet again? who knows? rich edson does. he is in washington, d.c. with the latest. hey, rich. >> hey, tracy. the administration says hang with us and we're trying to fix this. the daily briefing the administration does have on this has been pushed off. we're seeing what kind of daily updates they give us about the website and work they're doing. as you mentioned it is down this week and down daily from 1:00 a.m. to five a.m. on the east coast. there are questions whether or not the administration was being truthful when it came to telling people they could use paper applications or call on the phone if they were having trouble on the website. these are sentences that are obtained from notes taken at an administration briefing released by members of the house oversight and government reform committee. they found the administration saying we are to instruct navigators to use paper applications rather than go through the call center. they all acknowledge they al
FOX Business
Nov 1, 2013 11:00am EDT
to give a little bit. dagen: so much has been made of the lack of truth on president obama's repeated statements about people keeping their insurance and that the administration, not just the president, but many people were press than forthcoming about the real -- less than forthcoming about the real impact on everybody that had insurance. do you think that has an impact on -- i mean, again, the president doesn't have to run for re-election, but what about just democratic congressmen? >> oh, absolutely, without question. they've lost their credibility too. dagen: you believe everybody -- >> everybody's hurt. the republicans hurt themselves earlier on. the democrats are really feeling it now. it's just as you run up to elections they're going to be, depending on what happens between now and next november which is a long time away for the house and the senate, they're taking it on the chin now, and they should be. i love hearing the democrats ship this, well, we really just want to get this right, and the republicans just stop trying to make political points, and i'm sitting there think
Search Results 0 to 9 of about 10